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batmenace | 2 years ago

Well if the company goes bankrupt, theoretically other companies can buy e.g. 3M's patents / processes / subsidiaries and continue their production. THe company isn't unprofitable, so it would be sold off in parts and the proceeds of the sale (theoretically) would go towards settling lawsuits.

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s1artibartfast|2 years ago

or it might just be sold as a whole to another company, or continue to exist post bankruptcy

dylan604|2 years ago

Unlikely though. Nobody would want to buy the company whole as that would include all of this liability. Selling of the individual parts to raise funds for paying the debts of the unsold parts of the business entering bankruptcy seems like the only way to go